CVX today dropped suddenly for unclear reasons. The possibility of a Israeli - Hamas War cease-fire may have led to expectations that oil prices would fall as the shipping quagmire in the Red Sea might stabilize. Later in the day OPEC+ announced a raised target of $ 1.00 per barrel higher which on balance seems to be an offset maneuver. CVS in the ...
CVX is very bullish in our view. A large diametric is finished. CVX is expected to pump more soon. Note that the wave that CVX is in now is very valuable. We have a flip zone on the chart, as long as this zone is maintained, the targets specified on the chart are available. Closing a daily candle below the flip zone will violate the analysis For risk...
#CVX On a 4-hour frame, a perfect head and shoulders pattern We are about to break the right shoulder higher We have strong upward momentum that the price is expected to continue rising Entry price 3.024 First goal 3.08 Second goal 3.188 Third goal 3.287
#CVX The price is moving in a descending triangle on the 4-hour frame We have oversold conditions on the MACD indicator We have a downtrend, and by breaking it, we have a good rise Current price 2.74 The first goal is 2.86 Second goal 3.04
In a year marked by turbulent oil prices and global economic challenges, Chevron (NYSE: NYSE:CVX ) showcased remarkable resilience, delivering a record windfall to its shareholders in 2023 despite a substantial dip in quarterly earnings. The second-largest U.S. oil company reported a net income of $2.3 billion, a 65% decline from the previous year, attributing...
If you haven`t bought the dip on CVX: nor sold the Double Top: Then analyzing the options chain and the chart patterns of CVX Chevron Corporation prior to the earnings report this week, I would consider purchasing the 140usd strike price Calls with an expiration date of 2025-1-17, for a premium of approximately $9.30. If these options prove to be profitable...
Pretty good calls on the following: (see our profile for more info) The US #Dollar maintains its upward trend. The 10yr #yield is also looking pretty decent. The 30 Yr bottomed before the others and has been leading #interestrates. #OIL broke downtrend and has been looking better.
Oil has been creeping up lately. Today it triggered a bullish intraday pattern. This intraday pattern if completes, sets up for a larger bullish daily chart pattern. If this breakout in oil happens were going to see some energy stocks make moves liek the Semiconductors did today. Many names like RIG, XOM, HAL, XLE put in daily bottoming tails. Some energy...
Expecting the range to hold. Based on the range the final target is at 180 USD. Areas marked to look out for.
My intention is to dollar-cost average on NYSE:OXY throughout this quarter. I'm aiming to acquire shares of this stock at a maximum price of $61 per share. Anticipating increased tension in the Middle East, especially around the Suez Canal, I foresee a potential disruption in hydrocarbon supply, likely impacting oil prices, whether significantly or...
I'm using the bars pattern tool to plot an example inverted H&S pattern recovery. A double bottom is present also, reinforcing this bullish assumption. After a small pullback CVX should look for new ATH's.
Interacting with the neckline breakout could happen at any time Good Luck.
NYSE:CVX At 50% Fibonacci Support Level ### Technical Analysis Update: Chevron Corporation ( NYSE:CVX ) at Critical Fibonacci Support Level Chevron Corporation ( NYSE:CVX ), a major player in the energy sector, is currently trading at a key technical juncture, specifically at the 50% Fibonacci retracement level. This level is of particular interest to traders...
💎 Paradisers, gear up for a potential bullish wave in CVXUSDT as it currently navigates a critical supply zone, showing signs of a possible breakout. 💎Tracing its historical path, CVXUSDT has consistently demonstrated a knack for breaking above its descending trendline, leading to upward trends. Currently, as it retests the supply level at 3.843, the odds are...
Based on the provided market data, the CVX currency is currently trading at 3.713 USDT. This is above the Bollinger Band (BB) 4-hour and 1-day values of 3.695 and 3.676 respectively, suggesting the currency is currently overbought. This is also supported by the Relative Strength Index (RSI) values for 4-hour and 1-day which are 67.66 and 81.28 respectively. RSI...
CVX looks bullish. I was checking the waves of this symbol when I noticed that a large diametric has formed on the chart. Wave E is over and now we are in wave F. By maintaining the green zone, CVX can move higher. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to...
NYSE:CVX was the Dow 30 component that had the highest loss on Friday. The chart clearly shows that the earnings report was not going to be good. The pattern is a failed bottom as there has been rotation to lower inventories of the stock for most of this year. Declining Accum/Distribution indicators at the lows of the range followed by a negative divergence...
NYSE:CVX Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial...